4. Select for study an isolated rural district, a small town, or a
section of a suburb in which the community secures its supply of a
given commodity from a single shop or store. Compare the price of the
commodity, and its quality, with the price and quality of a similar
commodity in stores located in communities served by several competing
stores. What do you conclude as to the value of competition?

5. Make a study of bill-board advertising, listing the number of
advertisements inviting purchase of competing commodities. Write to a
bill-board advertising company for advertising rates, and draw your
conclusions as to (_a_) the cost of advertising, and (_b_) the waste
involved in advertising competing commodities.

Make a similar study of magazine advertising, writing to the
advertising manager of the magazine selected for study, in order to
secure advertising rates.


II

6. Relation of good government to economic prosperity. (Carver,
_Elementary Economics_, chapter vii.)

7. Competition. (Seligman, _Principles of Economics_, chapter x.)

8. Methods of struggling for existence. (Carver, _Elementary
Economics_, page 40.)

9. The development of economic freedom. (Seligman, _Principles of